T: 01482 814895 info@pgsaccountancy.co.uk

PGS Accountancy Services

Solving the puzzles of business growth, tax planning and accounting.

Hull Tax Saving Specialist

Our fixed fee services cover a wide range of accounting options which will help you with your company planning.

Accounting Principal, Paul Stark qualified as a chartered accountant with Price Waterhouse in 1993

He has been helping local people save tax and improve their  businesses ever since!

His extensive  experience with accountancy firms, in the public sector and in industry mean he has  gained  a wide range of experience with differing types and sizes of business.

He was awarded a fellowship of the Institute of Chartered Accountants in England and Wales in 2004

“Thank you for providing a high quality financial service to our Charity. Reliable and Efficient service always received. Thank you for making Accountancy understandable! Always willing to undertake the honorary treasurers role with enthusiasm!”

Debbie Andrew Manager of “Relate Hull & East Yorkshire”

“Paul of PGS Accountancy has been looking after my books for many years. He is easy to get hold of when I have a question and his answers are very informative plus more importantly he talks to me in a language that I understand. If you think all accountants are the same, you haven’t had a chat with Paul.”

Valerie Prentice: Cultural Bodyworks, Beverley

We work closely with our clients and act for a broad range of business and personal clients.

Apart from the more general types of accountancy and taxation services we can also assist you with business development and specialist tax services.

Our philosophy is always to do our utmost to.

  • Provide friendly, courteous and efficient service;
  • Always exceed your expectations;
  • Listen to what YOU are saying;
  • Communicate with you quickly and fully;
  • Never surprise you with bills you are not expecting;
  • Be honest, truthful and upfront with you at all times;
  • Aim for you to pay the least amount of tax payable within the law;
  • Provide pro-active business advice wherever possible.

Business Accounts

  • Preparation of annual accounts
  • Preparation of partnership accounts
  • Reports on analytical review of accounts
  • In addition detailed summaries can be produced giving the proprietor added value information of graphs/charts and five year summaries

Limited Company Accounts

  • Preparation of annual accounts
  • Preparation of abbreviated accounts for filing with Companies House
  • Filing of abbreviated accounts with Companies House on your behalf
  • As with sole trade/partnership accounts, added value information can be provided

Income Tax

  • Business profits – tax computations and calculations – ensuring you pay the right amount of tax for the business claiming all relevant up to date allowances
  • Personal self assessment tax returns
  • Partnership tax returns
  • Capital allowance computations

Woof, woof!

  Do you have a dog? Then you will most likely have trained him (or her) to sit, stand, lie down, ring for an ambulance, use a cash point; that kind of thing. Just joking on the last two (actually I’m not entirely, google Endal the labrador). Not now! After you’ve read this! Anyway the point is: no you haven’t. Your pooch is perfectly capable of sitting, coming when called and walking to heel, all you did is put a command to the action. And it’s exactly the same with most of the things we do, we all have the capability to lose fat, get fit, learn a language, some more so than others but you never know until you try. It’s too easy to stay in a comfort zone rather than trying something new. Afraid to fail, afraid of what people will think. Generally they won’t. Most people who are learning to speak a new language get stuck on actually speaking. They worry about getting the accent wrong or fluffing words or grammar, when in fact no-one cares, they are just pleased you are trying (so long as you are at least comprehensible, even then you are at least making an effort). How about skiing or climbing. Getting it wrong could be dangerous rather than just embarrassing but that’s why you should get a good teacher. Everyone has to start somewhere. Sir Chris Hoy presumably had stabilisers on his first bike, at one time Michael Phelps could’t swim, Stephen Hawking couldn’t add up and William Wordsworth couldn’t spell. Have a great weekend... read more

It’s only logical

Never hoover in a forest Jim, nature abhors a vacuum. So does my dog but that’s another story (and one that will be familiar to most dog owners). But the thing about Mr.Spock was that he tried to be logical at all times even though his human side kept bubbling up getting him all emotional. It’s a problem for me too as I like to make decisions using numbers and calculations (goes with the job), but the emotional me is always there with a “yes it doesn’t stack up but you WANT it anyway, don’t you?” And with most (if not all) customers decisions are made with the heart first and then rationalised by the head afterwards. So in marketing it is important to appeal to the warm, fuzzy side of people’s nature first before hitting them with facts and figures. You may not even have to bother with the numbers at all. Lot’s of people are very suspicious of statistics assuming they are fiddled in some way or downright made up on the spot (and in fact 45.2% of them are). Of course if you are selling to number crunchers (engineers, accountants etc) then you need to back up the emotions but even these people are, like Spock himself, only pretending to be coldly logical. Underneath we are vulnerable to feelings just like everyone else. When I bought my first car, I carefully worked out all the buying and running costs… and then bought the one I actually wanted in the first place. Have a great Easter weekend... read more

Happy New Year

No I haven’t gone mad. Well probably not. The 24th March used to be the last day of the legal year, with the new one starting on Lady Day (25th March). In 1751 however this was changed so that the legal year ended on 31st December. However the financial institutions stayed with the old system even keeping the 11 days dropped when the calendar changed to the Gregorian system. This is what wikipedia has to say: “Several theories have been proposed for the odd beginning of the British tax year on 6 April. One is that from 1753 until 1799, the tax year began on 5 April, which corresponded to 25 March Old Style. After the twelfth skipped Julian leap day in 1800, it was changed to 6 April, which still corresponded to 25 March Old Style. However it was not changed when a thirteenth Julian leap day was skipped in 1900, so the tax year in the UK still begins on 6 April.” Wasn’t that interesting? HMRC have never been good at keeping up with the times, they still resist e-mail (although in theory that ought to increase their efficiency many-fold, it doesn’t appear to in practice). And the point of all this? well none really but I do want to remind you that if you haven’t maxed out your ISA’s for the year or done anything else that needs doing before 5th April, time is running out! Have a great week Paul Oh and yes I know Mr Darcy (Pride and Prejudice) is firmly in the early 19th century so over 60 years... read more

Spring is springing out all over

Henry the Taxman wants your money. Yes, for those of you who thought last week’s post about flat rate VAT was boring, we had the budget this week.  And you will no doubt seen a lot of commentary about his tax grabs on self employed and small businesses so I won’t add to that except to say that the Office of Budget Responsibility has calculated that the tax saving on incorporation is £3,300 when it’s more like £1,300 . Quite apart from the fact that Hammond is basing taxation policy on dodgy numbers, it shows that even so called “experts” can’t always get it right. I am forever seeing articles where only some of the variables have been considered and it does bug me. But then I am a numbers nerd. In essence the present tax system seems to be based on taking a chunk of what’s there instead of encouraging people to earn and produce more wealth (leading to higher tax receipts along with less need for public spending). However you don’t need to make the same mistake. I have said it before; you can only take making savings (tax or otherwise) so far but the amount you can earn is (in theory) unlimited. Start by increasing your prices by 10%. If you do it right almost no one will notice and those who do probably won’t care. Indeed if you aren’t getting “price resistance” then you probably aren’t charging enough. Yes there are always price buyers but do you want them? A small business can’t usually afford to pile it high and sell it cheap, so offer value to the... read more

Easy to get hold of

“Paul of PGS Accountancy has been looking after my books for many years. He is easy to get hold of when I have a question and his answers are very informative plus more importantly he talks to me in a language that I understand. If you think all accountants are the same, you haven’t had a chat with Paul.”

Valerie Prentice: Cultural Bodyworks, Beverley

Reliable and Efficient service

Thank you for providing a high quality financial service to our Charity. Reliable and Efficient service always received. Thank you for making Accountancy understandable! Always willing to undertake the honorary treasurers role with enthusiasm!”

Debbie Andrew Manager of “Relate Hull & East Yorkshire”

He gives 100%

“Paul at PGS Accountancy is very friendly and approachable. Nothing is ever too much trouble. He gives 100% in his service and I would certainly recommend him to other businesses.”

Thank you

“Just a quick line to thank you for the work done for me in the past few years, the advice and assistance in sorting out my corporation tax in these very hard trading times is most welcome”

PGS Accountancy Services

54 Ridgestone Ave,
Bilton,
Hull.
HU11 4AJ

T: 01482 814895

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